Comparison –  ICICI Direct Vs Upstox

ICICI Direct Upstox
Year of Incorporation 2000 2008
Exchanges enabled NSE & BSE NSE, BSE & MCX
Demat (NSDL/CDSL) NSDL & CDSL NSDL- Partnership with ILFS
Brokerages
Equity Equity Intraday 0.05% & Delivery 0.25%- Negotiable
0 (free) for equity delivery & Rs 20/executed order or 0.01% (intraday)
Equity Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 20/executed order or 0.01% whichever is lower
Equity Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Futures 0.05% of Turnover for Overnight & Intraday only one side- Negotiable Rs 20/executed order or 0.01% whichever is lower
Currency Options Rs 95/lot for Overnight & Rs 25/lot for Intraday – Negotiable Rs 20/executed order or 0.01% whichever is lower
Commodity NA Rs 20/executed order or 0.01% whichever is lower
Account opening charges
Trading and Demat Rs 975 for 3 in 1 Account Nill
Only Trading NA Nill
Commodity NA Nill
Trading Tools
Platforms Mobile/ web/ desktop Mobile/ web/ desktop
Charting 20 Days 22 days
Margins & Leverage Provided
Equity Intraday upto 25 times & Delivery upto 5 times for interest Upto 20 times for intraday, 0 for delivery
Equity Futures Upto 4 times for intraday Upto 4 times for intraday
Equity Options Not for buying but upto 2 times for shorting Buying no leverage, shorting upto 4 times for intraday
Currency Futures NA Upto 4 times for intraday
Currency Options NA Buying no leverage, shorting upto 4 times for intraday
Commodity NA Upto 3 times for intraday
Serviceable
3 in 1 Account YES NO
Instant Fund withdrawal YES NO
Instant Fund Transfer YES YES
Relationship Managers YES NO